On Friday the American indices performed differently. The NASDAQ 100 went down, the Dow Jones Industrial Average managed to rise and the S&P 500 showed mixed sentiment. Today all three of them are showing mixed sentiment. What can they do next? Let’s try to answer that question in an analysis, S&P 500 first:
S&P 500
The S&P 500 showed mixed sentiment on Friday. The price finished the last session of the week exactly at 4100. Today it is still showing mixed sentiment. If the buyers show their strength, the price might rise above 4110 and reach the EMA 200 today. But if the bears take control over the market, the price could drop below 4080.
NASDAQ 100
NASDAQ 100 was the weakest one on Friday. The price went down significantly and finished the last session of the week slightly below 12350. Today it is showing mixed sentiment. If the buyers take control over the market, the price might rise above 12400. But if the bears show their strength once again, the price could drop even to the S1 support level.
Dow Jones Industrial Average
The DJIA index was the strongest one on Friday. The price managed to rise and finished the last session of the week a little above the Pivot Point, slightly below 33900. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might even reach 34000. But if the bears take control over the market, the price could drop below 33800 and reach the Pivot Point.
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